2 Top Dividend Stocks I Can't Wait to Buy In February

I like to buy dividend stocks any chance I get. My goal is to grow my passive income from dividends and other sources to eventually cover my expenses. I have a long way to go, so I keep investing more money to grow my income.

Two dividend stocks I can't wait to buy this month are Energy Transfer (NYSE: ET) and Clearway Energy (NYSE: CWEN.A)(NYSE: CWEN). While I can't buy them right now due to trading restrictions, I plan to buy more shares as soon as I'm able. Here's why I'm excited to add to my positions this month.

Energy Transfer recently increased its quarterly distribution by another 15%. The master limited partnership (MLP) has boosted its payout by 75% over the past year. Its latest increase also achieved its goal of returning the distribution to its pre-pandemic level. 

Continue reading


Source Fool.com